On January 6, 2022, China National Petroleum Corporation (CNPC) announced the bidding result for its first-class external law firms(2022-2024). DeHeng won the bid for the comprehensive service package in Beijing, and specialist service package in the areas of labor law, resources and environment, competition law and anti-monopoly law.

DeHeng is glad to announce that we are once again successfully selected into the law firm database of the Ministry of Commerce of China (MOFCOM) as outside lawyer according to the list of bid winners released by MOFCOM on November 11, 2021. DeHeng won for the third time the bid for "The International Trade and Investment Disputes Category – Legal Affairs regarding International Investment (Domestic)" and for the fourth time "The Trade Remedy and Trade Barrier Response Category – Trade Barrier and Response to Section 337 Actions."

Wuxi Huadong Heavy Machinery Co., Ltd. ("Huadong Zhongji", stock code: 002685) plans to transfer its 35.1931% equity in Wuxi Huashangtong E-commerce Co., Ltd. to Jiangsu Tongrong Supply Chain Management Co., Ltd.("Jiangsu Tongrong") and another 15% equity in Huashangtong to Wuxi Huadong Technology Investment Co., Ltd.

On April 12, 2021, Wuxi Industry Development Group Co., Ltd. issued a USD-denominated fixed-price bond on Hong Kong Stock Exchange by establishing an overseas SPV and providing guarantee for it. The bond was issued in a scale of USD 350 million, with a term of five years and a coupon rate of 2.85%. It was the first five-year USD bond issued by a Jiangsu-based company in 2021. The interest rate set a lowest record nationwide for the USD bonds issued by local state-owned enterprises of the same maturity with the same rating in the first quarter of 2021.

On March 13, 2021, Wuxi Huaguang Environment & Energy Group Co., Ltd. (stock code: 600475) issued an announcement saying that its controlling subsidiary Wuxi Guolian Environmental Science & Technology Co., Ltd. introduced the strategic investors Yangtze Ecology and Environment Co., Ltd. and Three Gorges Capital Holdings Co., Ltd. via capital and shares increase. The investment was structured as capital increase by means of non-public agreement.

On July 30, Wuxi Communications Construction Engineering Group Co., Ltd. (WCCG) signed an agreement with the controlling shareholders of Huaren Construction Group Co., Ltd. (the target company) to purchase 55% of the shares of the latter and become its controlling shareholder. Senior officials of Wuxi Municipal State-owned Assets Supervision and Administration Commission and Wuxi Communications Industry Group attended the signing ceremony.